‘Billions’ Final Episode Explained (Who Came Out on Top?)

Billions has finally concluded its seven-year-long story with a big bang and a lot of money and people down the tubes. The final episode titled “Admirals Fund” takes the viewers on a whirlwind with many twists and turns. So, let’s discuss what happened and who ended up at the top.

The final episode of the series begins with some big revelations, which show that Kate Sacker (Condola Rashad) and Philip Charyn (Toney Goins) have been colluding with the Axe (Damian Lewis) and Chuck (Paul Giamatti) team. The fall of Mike Prince (Corey Stoll) begins very early in the episode with his most loyal employees turning against him and dumping all of his money in conflicted companies that will surely go down because of the rumors that Chuck is spreading.

As Mike heads to Camp David to meet the President, he is alerted by Axe that all of his money is down the tubes and he has no legs to stand on in his race for the Presidency. Mike rushes back to his office and asks for Wendy (Maggie Siff) and is surprised and angry at the same time to find out that she is there. He picks up a printer throws it through the window of Wendy’s office and asks what’s so wrong with him that he shouldn’t be the President. Wendy answers him which makes him even more angry and rattled.

Soon, he sees Axe in the office, who explains to him how it all happened. Axe explains that they messed with his algorithm and it dumped all of his money in some conflicted companies that were sure to go down once Chuck spread the rumors that they would be under investigation. Once, the stocks began to plummet the algo sold all of the shares and Chuck announced that the companies in question would not be under investigation. This caused the shares to rise once again.

Soon, Governor Dunlop (Melina Kanakaredes) stops by and tells Mike she will be backing down from his race and running against him for the Oval Office. The dominoes begin to fall and soon Mike is left with nothing and no one, actually not nothing he still has a $100 million stash. Before leaving the office he warns everyone that he will be back for his revenge.

After Mike leaves, Axe announces to everyone that he has bought all of the shares when they were low and now all of the employees are rich AF. He invites everybody back to work with him but Taylor (Asia Kate Dillon) has some other plans, and she leaves to start her foundation to help the people. Wendy also reveals that she will be going to Axe to run the mental health company of which she is currently the CEO.

The ending sees Axe and Wags (David Costabile) back together again to once again be the giants of New York and Chuck and his family enjoying a joyful dinner at a tempura place with Bryan Connertty (Toby Leonard Moore) serving as the chef. The last scene lingers on Wendy as she smiles without any regret or care on her face. In the episode, we see Axe and Chuck discussing how their relationship will be in the future and they do imply that it could be a bit adversarial but for now, they are cordial and will be cordial in the near future.

Now, for the fate of some supporting characters, Kate will be once again joining the SDNY with Chuck to one day fulfill her dream of being a politician. Ben Kim (Daniel K. Isaac), Mafee (Dan Soder), Victor Mateo (Louis Cancelmi), Orrin Bach (Glenn Fleshler), Tuk (Dhruv Maheshwari), Philip, and ‘Dollar’ Bill Stearn (Kelly AuCoin) joining Axe’s company. Ari Spyros’ (Stephen Kunken) is a bit uncertain at the moment but no worries he is still very rich because of Axe.